The Airports of Thailand, Thailand’s top airport operator said in a filing to the stock exchange yesterday that it received a statement of claim from the Thai Arbitration Institute (TAI), in which a joint venture led by the Italian-Thai Development (ITD) demanded it to pay Bt7,070.69m and 568.77m plus interests in compensation in connection with construction contracts of passenger terminal building and concourse at Suvarnabhumi International Airport. (SET)
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AOT Dispute with ITD-led Joint Venture
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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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